well, why wouldnt the chinese bigwigs do everything in their power to keep the ball rolling until the olympics? where they can showcase their perfect world? they have the reserves to do it too...... its only 9 more months I'm lucky i didnt short the chinese market, I tried to short it when it was 3000. I still want to short it but have no idea how anyone can pick an entry. Wait for a double top on the weeklies would be my only guess (if that even happens and it doesnt just massively implode with no warning one day)
BTW do not forget that it is communism there in China. If it starts falling too fast then Politburo can just fix it at 6000 like they fixed prices of some other commodities. or better yet create a peg to S&p 500 like they pegged yuan to dollar do not count on any crash
I think KONG, CDS, NINE, SEED could all start running here soon....possibly RCH. Once they move, they move $5 clips......
In your dreams. Those are all turd stocks that are the lowest tier China plays, the worst China plays come to the US in the form of reverse mergers with headquarters in the Caymans or BVI. Those are sucker stocks.